EST 1985
Serving classified ads since 1985.
Serving classified ads since 1985.
Sorry no location available with such name.

Actuarial Analyst

  • Salary Type: Per Annum
  • Salary: £39,518


Actuarial Analyst


Who we are:

QBE Insurance Group is one of the world's top 20 general insurance and reinsurance companies, with operations in all the key insurance markets. QBE is listed on the Australian Securities Exchange and is headquartered in Sydney. We employ more than 14,000 people in 43 countries.

Our underlying business strategy is to maintain operations in the key global insurance markets and, where possible, to be a lead underwriter for selected lines of business.

Who’ll you’ll be working with:

The Actuarial department maintains close working relationships with the Underwriting divisions, and Claims, Reinsurance and Finance in order gain a thorough understanding of the portfolios and their drivers of profitability.

The department strives for continuous improvement. We are supported by a dedicated combined in-house development team for database and system maintenance and development. This enables the reserving teams to spend less time processing data and more time on analytical thinking.

The Opportunity:

This is an actuarial analyst role working mainly within a reserving team in QBE’s central Actuarial department for the QBE Reinsurance portfolio, which is a respected and experienced team with strong links to other areas of the business.

The successful candidate would be assisting the actuary responsible for portfolios of business and would work closely with other departments to maintain the appropriate knowledge.

Your responsibilities for this role may include, but are not limited to:

  • Producing reserve assessments for various classes of business using a wide range of actuarial techniques on a half-yearly basis
  • Creating models for bespoke reserving, portfolio analysis and monitoring
  • Communicating with stakeholders inside and outside the department, in particular with the Underwriting, Claims, Reinsurance and Finance teams, to gain and share knowledge and insights 
  • Planning execution of reserving and other processes for assigned classes of business and to support the wider actuarial team in cross-department projects
  • Monitoring reserve assessments with interim analyses including actual vs expected, large loss reporting, business planning, and special projects
  • Reporting and verifying results within the business, to Group in Australia, to Lloyd’s and external parties such as external actuaries and regulators
  • Learning and using software such as ResQ reserving software, Excel, SAS, TM1 financial management and claims/reinsurance management systems, to produce efficient and higher quality output
  • Maintaining high standards of risk management including reconciliations, sense checks, clear audit trails
  • Self-development, including studying the actuarial examinations and attending Lunch and Learns and industry presentations, whilst developing general insurance knowledge and actuarial techniques.

You will need to be able to display you have the following qualifications and experience:

  • Excellent interpersonal skills: ability to build positive relationships within and external to the team
  • Strong analytical and creative problem solving skills
  • Enthusiasm and personal drive to continually achieve higher standards
  • Ability to learn quickly and grow knowledge of general insurance and actuarial reserving techniques
  • Adaptability to changing priorities and timescales
  • Commitment to succeed in actuarial examinations
  • Confident user of MS Excel spreadsheets
  • SAS Knowledge
  • General Re/Insurance knowledge and experience is advantageous.

At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job. We’re ‘Happy to talk Flexible Working’.

Please click the ‘Apply’ button to be taken to the job on our system.

Number of Openings:


How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Full time
  • Salary: £39,518
  • Salary Type: Per Annum

Get directions

London, England, London, SE11, United Kingdom

  • Ad ID:  15576917
  • Ad Type:  Offered
  • Posted on:  04/09/2020, 03:02
loder image
loder image